Meet the Mulberry Tessie

Mulberry releases the first of their lower-priced collections

Much has been made of Mulberry's attempt (and failure) to move into a higher price bracket. But after sales declined and former CEO Bruno Guillon departed the brand, they've made moves to placate their original, loyal customer base by promising more affordable price points. The first collection to reflect that is the new Tessie collection, a pared back line of satchel, hobo, clutch and tote styles.

The bags are surprisingly simple, especially after the excesses of Cara Delevingne's recent capsule collection. They're all made out of soft grain leather, and bear the brand's insignia on discreet hardware. Prices start from £495 for the small satchels, and top out at just £695 for the larger hobo styles.